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>> LCD panel structure adjustment: supply and demand in 2014 will improve 14th,July,2017
LCD panel: prices continued to fall, still in the structural adjustment, the greater the probability of supply and demand improvement in 2014. Small and medium size mobile phone, pad demand is still growing, but due to increased supply, the price loose, downward pressure greater; look forward to 2014, demand growth is expected to be better than the supply of small and medium-sized mobile phone manufacturers, Growth, improve the relationship between supply and demand, large and medium size prices are expected to stabilize; from the industrial structure, the domestic panel supply accounted for 10%, 2014 is expected to continue to improve. TP touch panel: small and medium size touch structure adjustment, closing down the factory to accelerate, medium and large price is still the biggest obstacle. Small and medium-sized touch demand growth decreased, the yield increased, the supply continued to increase, the price pressure continued, competition intensified; large size ITO prices higher, new materials to accelerate the alternative, low-level is expected to boost penetration. Recommended concern: three security photoelectric, the South photoelectric, flying photoelectric, Kuo Shuo power. LCD panel: BOE A, Jin Fu new material; concerned about the end of the policy-oriented.
LED lighting is expected to grow in 2014: backlight applications with the end of the season to open play, there are urgent effects, but difficult to maintain a long; lighting applications should also join the holiday promotion, network sales hot, and strive to enhance consumer awareness and cost reduction. April-April 2014 new listing, the price or will be further reduced, stimulating demand, looking forward to lighting and backlight applications dual drive, backlight and lighting conversion. From the industrial chain, is still optimistic about the upstream industry chain extension chip and material related manufacturers, supply and demand improvement is expected to exceed expectations.
Industry News
(2) LED lighting layout integrity, Lunda estimated annual revenue accounted for 40% increase in revenue (3) Taiwan shut down LED factory Kellett optoelectronics open buyers (1) equipment manufacturers lower than expected LED business cautious domestic MOCVD (2) LED lighting layout integrity, 4) 2014 FlashLED market trends will show M-type (5) demand is not starting to increase profits LED enterprises to spend money to seek the scale effect (6) 2014 LED lighting demand first ultra-reflective foreign investment to see LED factory bargaining space (7) (8) Global panel October revenue $ 6.9 billion annual reduction of 19% (9) global panel factory Q4 continue to decline in the downturn (10) LCD display manufacturers in October slightly increased shipments (10), panel makers, 11) exit / stop production, touch panel industry trap structure adjustment (12) touch panel intellectual property dispute TPK v. Patent Reexamination Board Institutional view: LEDinside: LED lighting and handheld devices increased demand, sapphire substrate manufacturers to actively expand production
Quotes review
This week A shares of the photoelectric industry stocks, Hua Can photoelectric, three Anguang, Han's laser, Silan micro, gather fly photoelectric rose the top 5; CPT, Crystal Optoelectronics, Higashiyama precision, precious stones A, Hisense appliances decline The first five; Lehman Optoelectronics, East Crystal Electronics, Ke Heng shares, rectangular lighting, the state of science and technology in the top five turnover rate.
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